Copper Price Breaks Above $6.6100 Barrier

Copper prices have broken above the $6.6100 barrier and are currently trading near $6.7200, as they approach a target of $6.8500, followed by $7.0200 over the medium term.

This upward movement is attributed to positive signals from main indicators, which has increased the effectiveness of the bullish path.

The price is positioned within the pivots of a minor ascending channel and is expected to remain within the trading range of $6.6300 to $6.7800 for today's session.